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INSURANCE | Staff Reporter, Hong Kong

YF Life floats free protections vs COVID-19

Two protections will be offered with one registration.

YF Life has launched Combat-COVID-19 Protections to support Hong Kong and Macau residents in the fight against the pandemic, a statement read.

From 21 January until 11 February 2021, residents with a valid Hong Kong or Macau identity cards aged between 18 and 65 can sign up for the plan, free of charge. Two protections will be offered with one registration.

If any successful applicant is diagnosed with COVID-19, $1,300 (HK$10,000) will be offered. If a family member living with the applicant is also a confirmed case, an additional $1,300 (HK$10,000) will be offered. In the unfortunate event that the applicant passes away due to COVID-19, YF Life will pay a death benefit of $13,000 (HK$100,000).

The benefit period of the protections is valid until 31 March 2021.

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